Indiana 529 Contribution Limits 2024. Indiana offers a 20% tax credit worth up to $1,500 ($750 for married filing separately) for contributions made to an indiana 529 plan, regardless of tax filing status. Annual contributions over $18,000 must be reported to the irs.
Each state’s 529 plan vendor sets its own aggregate contribution limit. These limits depend on the state, and range from $235,000 to $575,000.